Desmond Fargo responded to my question about the use of the phrase "wholly-owned subsidiary Cen-Biotech" in the press release. He states that Creative will own 100% of Cen-Biotech not 75%. Apparently it is a kind of spin off. Yeah!!!


rise51
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Author’s reply » no wholly owned means 100%, its actually a type of spin off that is the simplest one to execute.
23 Nov, 08:43 PMReplyLike1